The post Solana Price Eyes Another 20% Surge, While Chainlink May Revisit the Buy Zone Yet Again Before Going Parabolic! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Crypto space had managed the situation pretty well as it maintained a notable upswing for the past couple of days. And hence absorbing the bullish trend, the Solana(SOL) price broke through the descending channel the previous trading day. Conversely, the Chainlink(LINK) price after rallying close to the resistance levels is experiencing a notable pullback.  Solana(SOL)  …

Inflation is a term that has dominated news, media, and financial headlines all throughout 2021 and continues as we progress into 2022. Many key analysts and economists around the world are concerned about the economic impact the mass amounts of money printing, done in response to the pandemic, is having on economies. Inflation is one […]

The post Bitcoin and Inflation: Is it an Inflation Hedge? appeared first on Coin Bureau.

Solana will curve off Ethereum’s market share to see Visa-like transactions, says BofA strategist…

The post Solana could become the ‘Visa of crypto’, says Bank of America appeared first on Coin Journal.

Solana puts its paddle on the accelerator, gains more than 17% since January 11. Bank of America’s statement supports the current price action in Solana. Rounding bottom formation validates the upswing in the prices. Solana started the session on a higher note while adding in the top ten performing cryptocurrencies by market capitalization. The digital

The post Solana Creeps Higher, Looks To Revisit January Highs AT $177.0 appeared first on CoinGape.

Solrise appointed Joseph Edwards to be the Head of Financial Strategy. Edwards worked as the Head of Research in Enigma ...

Read More...

With Bitcoin closing in above all its 4-hour EMA ribbons, altcoins like Solana, Tron, and Stellar fought the bears with all their might. Their near-term technicals depicted the increasing buying momentum as they reclaimed their lost support levels. Solana (SOL) The 5 January sell-off fueled SOL’s already existing bearish tendencies since late December as the […]

If 2020 was the year of the bull, 2021 was the year that crypto went mainstream. In the past twelve months, we’ve witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention new all-time highs. As we head into 2022, the Kraken Intelligence…

The post 2021’s Crypto-in-Review: Going Mainstream appeared first on Kraken Blog.

Major US Bank, Bank of America (BoA) compared Solana blockchain to the world’s largest credit card network, Visa. In a research note published Tuesday, BoA research analyst, Alkesh Shah expressed optimism for the top smart contract platform over its ‘scalability, low transaction fees, and ease of use,’ going ahead to add: “Solana could become the Visa of the digital asset ecosystem.” Shah believes Solana even has the potential to take over Ethereum by distinguishing itself through ‘user adoption and developer interest.’ Ethereum, meanwhile, could become the blockchain for ‘high-value transactions and identity, storage and supply chain use cases,’ while Solana grows itself as a settlement layer. Since its launch in 2020, Solana has settled over 50 billion transactions, has more than $11 billion in total value locked, and has been used to mint over 5 million non-fungible tokens (NFTs). Visa, on the other hand, processed 164.7 billion transactions on Sept. 30, 2021. When comparing the transactions per second (TPS) on blockchain networks to those performed on credit card networks, Visa can theoretically handle at least 24,000 TPS but averages around 1,700 while the TPS for Ethereum stands at 15. In comparison, Solana overtakes both Ethereum and Visa with a theoretical limit of 65,000 TPS. Bank of America further stated that Solana and other alternative blockchains could even grab the market share from Ethereum over time. Currently, Ethereum has a market cap of $402 billion, which is more than eight times greater than Solana’s market cap. According to CoinMarketCap, SOL is currently the fifth-largest cryptocurrency with a market capitalization of $47 billion.

The post Solana Could Become the Visa of Crypto World, Claims Bank of America appeared first on Cryptoknowmics-Crypto News and Media Platform.

The report also compares the asset to security-centric Ethereum and DeFi newcomer Avalanche.

2021 was a year for many landmark moments in cryptocurrency mass adoption. We saw companies like Tesla, Microstrategy, Galaxy Digital, and Block (previously known as Square) add Bitcoin to the company treasuries, and another massive milestone was, of course, El Salvador making Bitcoin legal tender in the country. Though one of the biggest letdowns felt […]

The post Crypto Investment Products: The Key to Mass Adoption? appeared first on Coin Bureau.

While the majority of decentralized finance (DeFi) is still happening on Ethereum, banking giant JPMorgan says this might not be a permanent thing. In a note to Bloomberg, JPMorgan analysts led by ​​Nikolaos Panigirtzoglou say that Ethereum’s DeFi dominance is at risk of being further eroded as more competitors start to enter the space. According […]

The post Ethereum DeFi Dominance Not a Given: JPMorgan appeared first on Coin Bureau.

Solana and Polkadot grow much faster than Ethereum while Ethereum still has the biggest ecosystem of developers in Web3 as we can see more today in our latest Ethereum news. The top five blockchain ecosystems in terms of developers are Polkadot, Cosmos, Ethereum, Solana, and bitcoin according to Electric Capital. Solana and Polkadot however have […]